Liberal Forum

Making oil companies produce or give up their leases was just brilliant. 


Like the pil industry is going to give Biden any credit. 

Lol
 

Stroke of genuis by the democrats to out produce any republucan in history.

Bidencrimefamily » 28 Jul 2024, 2:41 pm » wrote: ↑

28 Jul 2024, 2:41 pm

Making oil companies produce or give up their leases was just brilliant.

That explains why the SPR is at its lowest level in 40 years. How’s the petrodollar doing this days?

**chuckle** 
 

Bidencrimefamily » 28 Jul 2024, 2:41 pm » wrote: ↑

28 Jul 2024, 2:41 pm

Making oil companies produce or give up their leases was just brilliant.

Here is why we are producing more oil than ever:

That ability to increase per-well performance through the application of more effective processes and advancing technologies has been crucial to the ability to raise overall production given that the upward curve has continued even in the face of an active rig count that has dropped by over 25 per cent in the past 15 months. That is a feat the US industry has never achieved in any other period in modern times.

AND:

Two years later, drillers were completing successful horizontal wells in the first of many productive shale formations in the Permian Basin of West Texas. By 2012, production from Texas, which had amounted to just a little more than 1 million bpd in 2008, had risen to 3 million bpd. In November 2023, Texas produced 5,657,000 bpd, and would rank as the 4th biggest producing nation on earth if it were a standalone country.These numbers are stunning, and they are coming in the face of a President, Joe Biden, and an administration that continues to invoke federal regulations and executive orders designed to impede the industry’s ability to grow. So, other than advancing technology and human ingenuity, how do we account for this ongoing expansion of America’s energy might?

https://www.ogv.energy/news-item/the-us ... -a-triumph

And that has been going on for years before Biden.  

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs.  
 

Cedar » 28 Jul 2024, 4:00 pm » wrote: ↑

28 Jul 2024, 4:00 pm

That explains why the SPR is at its lowest level in 40 years. How’s the petrodollar doing this days?

**chuckle**

Don't let the facts bust your lies. 

*Huey » 28 Jul 2024, 4:12 pm » wrote: ↑

28 Jul 2024, 4:12 pm

Here is why we are producing more oil than ever:

That ability to increase per-well performance through the application of more effective processes and advancing technologies has been crucial to the ability to raise overall production given that the upward curve has continued even in the face of an active rig count that has dropped by over 25 per cent in the past 15 months. That is a feat the US industry has never achieved in any other period in modern times.

AND:

Two years later, drillers were completing successful horizontal wells in the first of many productive shale formations in the Permian Basin of West Texas. By 2012, production from Texas, which had amounted to just a little more than 1 million bpd in 2008, had risen to 3 million bpd. In November 2023, Texas produced 5,657,000 bpd, and would rank as the 4th biggest producing nation on earth if it were a standalone country.These numbers are stunning, and they are coming in the face of a President, Joe Biden, and an administration that continues to invoke federal regulations and executive orders designed to impede the industry’s ability to grow. So, other than advancing technology and human ingenuity, how do we account for this ongoing expansion of America’s energy might?

https://www.ogv.energy/news-item/the-us ... -a-triumph

And that has been going on for years before Biden.  

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs.

Nope not letting pil companies sit on leases.
you have no clue. 

Under democrats if you don't produce on a lease they yank it and give it to somebody that will


Under Trump oil companies went out of business in record numbers.

Bidencrimefamily » 28 Jul 2024, 4:14 pm » wrote: ↑

28 Jul 2024, 4:14 pm

Nope not letting pil companies sit on leases.
you have no clue.

Have a nice day!

You now have the facts
 

*Huey » 28 Jul 2024, 4:19 pm » wrote: ↑

28 Jul 2024, 4:19 pm

Have a nice day!

You now have the facts

Nope democrats policy of ripping leases so oil companies couldn't sit on them. 

Good day sir. 

Bidencrimefamily » 28 Jul 2024, 4:21 pm » wrote: ↑

28 Jul 2024, 4:21 pm

Nope democrats policy of ripping leases so oil companies couldn't sit on them. 

Good day sir.

     

So the administration is lying to us.  Got it.  

*Huey » 28 Jul 2024, 4:24 pm » wrote: ↑

28 Jul 2024, 4:24 pm

     

So the administration is lying to us.  Got it.

Thought you were done and gone like you said. 

But now youre here lying again. 
 
 
 

Bidencrimefamily » 28 Jul 2024, 4:14 pm » wrote: ↑

28 Jul 2024, 4:14 pm

Don't let the facts bust your lies.

The SPR is at 1983 levels, actually 41 years but I rounded down.

Saudi Arabia let the petrodollar agreement expire without renewing it.

Neither is a lie.

You see the lie that American production leads to lower prices lie that the republican been tell is a lie.


Oil is sold on the global market.

Global supply make the price

Sp another republican lie busted.

Producing more energy than ever.

Cedar » 28 Jul 2024, 4:26 pm » wrote: ↑

28 Jul 2024, 4:26 pm

The SPR is at 1983 levels, actually 41 years but I rounded down.

Saudi Arabia let the petrodollar agreement expire without renewing it.

Neither is a lie.

Well you believe **** so it doesn't surprise me none. 
 

Bidencrimefamily » 28 Jul 2024, 4:28 pm » wrote: ↑

28 Jul 2024, 4:28 pm

Well you believe **** so it doesn't surprise me none.

They are both verified facts, just like Kamala is in charged of the failed border policy.

**chuckle** 
 

Cedar » 28 Jul 2024, 4:31 pm » wrote: ↑

28 Jul 2024, 4:31 pm

They are both verified facts, just like Kamala is in charged of the failed border policy.

**chuckle**

Oil companies went bankrupt at a record pace under Trump. 

That's a fact. 
 

Bidencrimefamily » 28 Jul 2024, 4:33 pm » wrote: ↑

28 Jul 2024, 4:33 pm

Oil companies went bankrupt at a record pace under Trump. 

That's a fact.

So Presidents control oil prices? You sure that’s the hill you want to die on?
 

Bidencrimefamily » 28 Jul 2024, 4:26 pm » wrote: ↑

28 Jul 2024, 4:26 pm

Thought you were done and gone like you said. 

But now youre here lying again.

This is fro the administration:

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs.  

The Biden Administration says you are lying.  Are you saying the administration is lying?

See ya tomorrow.  I never said I was leaving.
 

Bidencrimefamily » 28 Jul 2024, 4:16 pm » wrote: ↑

28 Jul 2024, 4:16 pm

Under democrats if you don't produce on a lease they yank it and give it to somebody that will

Under Trump oil companies went out of business in record numbers.

You are one stupid sumbitch,  best to back out of here quietly, these guys are eating your lunch.